Name of Fund: Principal Pnb Fixed Maturity Plan 91 Days – Series XXI, Scheme: A close ended debt scheme, Investment Objective: To build an income oriented portfolio and generate returns through investment in Debt/Money Market Instruments and Government Securities.
Investment Options: The scheme will offer institutional and regular plan with growth and dividend option.
Asset Allocation: The scheme will invest its entire corpus in debt securities (including securitised debt) and money market instruments.
And also invest upto 100% in government securities with low risk profile. Investment in securitised debt may be upto 100% of the net assets of the scheme.
Debt instruments may include securitised debt up to 100% of the net assets & exposure in interest rate derivatives may be undertaken as permitted under SEBI guidelines.
NFO price: Rs 10 per unit, Load structure: The scheme will not charge any entry load. Since the plan will be listed on the stock exchange, no exit load will be charged.
Minimum Investment Amount: The minimum investment amount under the institutional plan is Rs 5 lakh per application. And the minimum investment amount under the regular plan is Rs 1000 per application.
Minimum Target amount: The Fund seeks to collect a minimum targeted amount of Rs 10 lakh during NFO.
Benchmark Index: CRISIL Liquid Fund Index. Fund Managers: Badrish Kulhalli will manage the fund.
Investment Options: The scheme will offer institutional and regular plan with growth and dividend option.
Asset Allocation: The scheme will invest its entire corpus in debt securities (including securitised debt) and money market instruments.
And also invest upto 100% in government securities with low risk profile. Investment in securitised debt may be upto 100% of the net assets of the scheme.
Debt instruments may include securitised debt up to 100% of the net assets & exposure in interest rate derivatives may be undertaken as permitted under SEBI guidelines.
NFO price: Rs 10 per unit, Load structure: The scheme will not charge any entry load. Since the plan will be listed on the stock exchange, no exit load will be charged.
Minimum Investment Amount: The minimum investment amount under the institutional plan is Rs 5 lakh per application. And the minimum investment amount under the regular plan is Rs 1000 per application.
Minimum Target amount: The Fund seeks to collect a minimum targeted amount of Rs 10 lakh during NFO.
Benchmark Index: CRISIL Liquid Fund Index. Fund Managers: Badrish Kulhalli will manage the fund.
